The first nine months of this year show a loss of 136 million euros compared to a 141 million euros plus in 2012. The prime reason: suspended payments in the Indian helicopter deal. Next, there could be job losses at Agusta Westland.

Markit's Eurozone Composite Purchasing Managers Index (PMI) rose to 50.5 last month from 48.7 in June, breaking above the 50 threshold indicating growth for the first time since January 2012. The headline figure was revised up a tick from a preliminary reading of 50.4.

Jamal Mecklai says, "European Union itself has recorded a deceleration of 0.2 percent from the fourth quarter of 2012 to the first of 2013 and fell 1 percent year-on-year shows the grim state of the 17 nation economy."

Minda Industries has acquired 100 percent shares of Clarton Horn S.A.U., Spain from PMAn Domestic AG, Germany on April 15, 2013 for Euro 6.8 million. The Annual Turnover of Clarton Horn for 2012 was Euro 38 million. This acquisition is a major step in the Company's strategy to become a global player in automotive horns.

The first nine months of this year show a loss of 136 million euros compared to a 141 million euros plus in 2012. The prime reason: suspended payments in the Indian helicopter deal. Next, there could be job losses at Agusta Westland.

Markit's Eurozone Composite Purchasing Managers Index (PMI) rose to 50.5 last month from 48.7 in June, breaking above the 50 threshold indicating growth for the first time since January 2012. The headline figure was revised up a tick from a preliminary reading of 50.4.

Jamal Mecklai says, "European Union itself has recorded a deceleration of 0.2 percent from the fourth quarter of 2012 to the first of 2013 and fell 1 percent year-on-year shows the grim state of the 17 nation economy."

Minda Industries has acquired 100 percent shares of Clarton Horn S.A.U., Spain from PMAn Domestic AG, Germany on April 15, 2013 for Euro 6.8 million. The Annual Turnover of Clarton Horn for 2012 was Euro 38 million. This acquisition is a major step in the Company's strategy to become a global player in automotive horns.

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